Wars often cause economic collapses

This has been true for sure in the last 100 years or so. World war I left europe in disarray first because of the incredible losses of men and civilians during world war I in europe. Then the League of Nations made everything worse by economically punishing Germany which created Hitler and then World War II. Luckily, after World War II the United Nations learned from the mistakes of the League of nations and did better.

The United States left World War II as the only really economically viable nation left on earth. Because of this America got very rich selling to other nations and loaning them money to reestablish themselves.

Then Viet Nam turned the United States from a rich Creditor nation into a Debtor nation because the Viet Nam War was unbelievably economically expensive. Monetarily, not allowing for inflation it was likely more expensive than all of World War II.

This caused directly the Arab Oil Embargo and several recessions that I personally lived through as a young man. I was 21 in 1969.

If the Viet Nam War turned us from a rich Creditor nation to a debtor nation then the Iraq War and the war in Afghanistan turned us from a debtor nation to a bankrupt nation.

However, that does not tell the whole story. The United States militarily, is still the single scariest nation on earth. Even though we are not the same manufacturing powerhouse we used to be because of lower wages and less expensive materials elsewhere, we are still the scariest and most experienced and quite frankly capable of blowing the whole earth up hundreds of times with the weapons we now have.

So, it is in the interests of the rest of the world that we do not go bankrupt and so hopefully, they will prop us up because if we completely collapse economically that would be the single scariest outcome of all for earth because then who would actually control our incredible weapons that everyone knows could destroy all of earth hundreds of times over right now?

However, it is actually a whole lot scarier than that. Global climate change is a very big factor in the present worldwide economic collapse. It is a much bigger factor both in a physical sense of things like the weather and the capacity to grow or not grow food because of droughts and other factors, permafrost melting and peoples houses and companies sinking into the melted permafrost, the polar ice cap having lost as much ice area as California, Texas and Alaska combined etc. etc. etc.

Then there is the psychological toll all this knowledge is taking upon everyone educated to know just how serious this is. Then there are the people not fully educated but realizing that it is every man woman and child for himself or herself. And who goes extinct because of it? all edible species of insects, fish, animals and birds on earth one by one?

Fishing worldwide is now so out of hand that jellyfish swarms are beginning to take over fishing areas in the Mediterranean Ocean, Gulf of Mexico, parts of the ocean off of california and all around Hawaii. As people become more and more desperate not to starve to death more and more fishing areas in the world will disappear permanently or semi permanently because the jellyfish eat compete for plankton and small fish too. so where the jellyfish swarm the baby fish will be killed by the jellyfish and the jellyfish will also consume the plankton that baby fish often subsist on as well.

so, in many areas of the world overfishing will permanently end fishing as long as jellyfish swarms exist there. This will lead to more desperation and further economic collapses internationally, more starvation and more rebellions and wars out of complete desperation to survive.